Civista Bancshares (CIVB) AI Stock Analysis

• Market Cap: $394.95M
• Dividend Yield: 3.28%
• Average Volume (3M): 101.35K
• Price to Earnings (P/E): 8.1
• Beta (1Y): 0.80
• Revenue Growth: 6.20%
• EPS Growth: 18.80%
• Country: US
• Employees: 520
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.71
• Shares Outstanding: 19,312,880
• 10 Day Avg. Volume: 79,398
• 30 Day Avg. Volume: 101,354
• PEG Ratio: -0.39
• Price to Book (P/B): 0.83
• Price to Sales (P/S): 1.34
• P/FCF Ratio: 7.36
• Enterprise Value/Market Cap: 2.10
• Enterprise Value/Revenue: 3.36
• Enterprise Value/Gross Profit: 5.38
• Enterprise Value/Ebitda: 17.87
• 1Y Price Target: $24.67
• Price Target Upside: 20.64% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 4

• Rating: 72 Outperform
• Price Target: $23.00 ▲(12.47% Upside)

Civista Bancshares' strong financial performance, particularly in revenue growth and profitability, is a key strength. The stock's attractive valuation further supports its potential. However, increasing leverage and declining cash flow growth, along with mixed signals from the earnings call, present some risks. Technical indicators suggest a neutral market sentiment.

Civista Bancshares Business Overview & Revenue Model

Company Description

Civista Bancshares, Inc. operates as the financial holding company for Civista Bank that provides community banking services. It collects a range of customer deposits; and offers commercial and agriculture, commercial and residential real estate, farm real estate, real estate construction, consumer, and other loans, as well as letters of credit. The company also purchases securities; and provides trust and third-party insurance services. It operates approximately 42 locations in Northern, Central, Southwestern, and Northwestern Ohio, as well as Southeastern Indiana and Northern Kentucky. The company was formerly known as First Citizens Banc Corp and changed its name to Civista Bancshares, Inc. in May 2015. Civista Bancshares, Inc. was founded in 1884 and is headquartered in Sandusky, Ohio.

How the Company Makes Money

Civista Bancshares generates revenue primarily through interest income from loans, which includes commercial, residential, and consumer loans. Additionally, the company earns interest from investments in securities. Non-interest income also contributes significantly to its earnings, derived from service charges, fees for various banking services, and mortgage origination fees. The company has established partnerships with local businesses and community organizations, enhancing its customer base and fostering growth. Furthermore, Civista Bank's focus on retail banking and wealth management services provides additional avenues for revenue generation, strengthening its financial position.

Civista Bancshares Financial Statement Overview

Summary

Civista Bancshares demonstrates strong financial performance with robust revenue growth, healthy profitability, and efficient cash management. The balance sheet is stable, though the increase in liabilities warrants monitoring.

Income Statement

Civista Bancshares has shown robust revenue growth with a TTM (Trailing-Twelve-Months) increase in total revenue. The gross profit margin remains strong, and net profit margin is stable, reflecting efficient cost management. EBIT and EBITDA margins indicate healthy operational efficiency. Overall, the income statement reflects strong profitability and growth momentum.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio, indicating a balanced use of leverage. The equity ratio suggests strong asset backing, while the return on equity demonstrates effective use of equity to generate profits. Although liabilities have increased, the overall financial position remains stable.

Cash Flow

Civista Bancshares exhibits strong operating cash flow relative to net income, suggesting effective cash management. The free cash flow has grown, which is a positive sign of financial flexibility. Cash flow from operations is robust, supporting the company's ability to finance investments and dividends.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	247.26M	241.90M	217.48M	152.98M	134.19M	126.18M
Gross Profit	154.47M	146.55M	155.80M	135.28M	123.73M	105.93M
EBITDA	46.46M	47.60M	62.95M	52.79M	51.25M	40.30M
Net Income	39.40M	31.68M	42.96M	39.43M	40.55M	32.19M
Balance Sheet
Total Assets	4.19B	4.10B	3.86B	3.64B	3.01B	2.77B
Cash, Cash Equivalents and Short-Term Investments	716.77M	329.94M	679.90M	660.24M	815.06M	491.69M
Total Debt	544.15M	450.88M	454.19M	643.35M	204.23M	183.34M
Total Liabilities	3.78B	3.71B	3.49B	3.30B	2.66B	2.42B
Stockholders Equity	404.14M	388.50M	372.00M	334.83M	355.21M	350.11M
Cash Flow
Free Cash Flow	45.65M	44.06M	59.27M	18.68M	38.83M	30.68M
Operating Cash Flow	50.22M	48.25M	62.70M	25.18M	40.76M	32.65M
Investing Cash Flow	-170.86M	-258.80M	-311.78M	-410.36M	-130.50M	-340.98M
Financing Cash Flow	138.74M	213.30M	266.13M	164.30M	216.93M	398.80M

Civista Bancshares Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 20.45
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CIVB, the sentiment is Negative. The current price of 20.45 is below the 20-day moving average (MA) of 20.70, above the 50-day MA of 20.38, and below the 200-day MA of 20.84, indicating a neutral trend. The MACD of -0.12 indicates Positive momentum. The RSI at 46.64 is Neutral, neither overbought nor oversold. The STOCH value of 29.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CIVB.

Civista Bancshares Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FRBA	80 Outperform	$400.39M	10.52	9.40%	1.51%	11.18%	24.61%
GCBC	75 Outperform	$375.27M	12.05	14.00%	1.60%	13.07%	25.72%
CIVB	72 Outperform	$394.95M	8.09	10.02%	3.28%	6.20%	18.80%
BSRR	69 Neutral	$391.81M	9.95	11.53%	3.43%	0.85%	18.21%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
BMRC	66 Neutral	$384.10M	55.25	1.58%	4.20%	23.26%	―
BRBS	51 Neutral	$389.69M	―	-0.06%	―	-20.44%	99.91%

Civista Bancshares Corporate Events

Civista Bancshares Promotes Robert Katitus to Key Roles

On August 13, 2025, Civista Bancshares announced the promotion of Robert L. Katitus to Executive Vice President and Chief Lending Officer of both Civista Bancshares and Civista Bank. Katitus, who has over 25 years of experience in banking and commercial lending, has been with Civista since 2010 and has played a crucial role in expanding commercial lending efforts in Ohio. His promotion reflects Civista’s strategy of nurturing internal talent and ensuring leadership continuity, which is expected to support the company’s growth and community service efforts.

The most recent analyst rating on (CIVB) stock is a Hold with a $21.00 price target. To see the full list of analyst forecasts on Civista Bancshares stock, see the CIVB Stock Forecast page.

Civista Bancshares Updates Governance Practices

On July 22, 2025, Civista Bancshares, Inc. announced amendments to its Code of Regulations to align with developments in the Ohio General Corporation Law and to modernize its governance practices. Key changes include the Board’s authority to set alternate dates for shareholder meetings, updated director compensation provisions, the election of a Lead Independent Director when necessary, modernized indemnification standards, and the transition to uncertificated shares. These amendments aim to enhance governance efficiency and reflect current industry standards.

The most recent analyst rating on (CIVB) stock is a Hold with a $18.50 price target. To see the full list of analyst forecasts on Civista Bancshares stock, see the CIVB Stock Forecast page.

Civista Bancshares Engages at KBW Investor Conference

On July 29th and 30th, Civista Bancshares‘ senior management participated in the 26th Annual KBW Community Bank Investor Conference in New York, aiming to engage with investors. This event underscores Civista’s proactive approach to investor relations and its strategic efforts to strengthen its market presence and stakeholder engagement.

The most recent analyst rating on (CIVB) stock is a Hold with a $18.50 price target. To see the full list of analyst forecasts on Civista Bancshares stock, see the CIVB Stock Forecast page.